Indianapolis Colts quarterback Peyton Manning leaves the field after defeating the Washington Redskins in their NFL football game in Landover, Maryland, October 17, 2010. REUTERS/Jonathan Ernst (UNITED STATES – Tags: SPORT FOOTBALL)

Are the Broncos an instant Super Bowl contender?
Everything hinders on whether or not Peyton Manning really is healthy and if the Denver defense can play as well next year as it did last season. If Manning only lasts six games or the defense falls apart, then the underachieving Chargers could easily take the AFC West next season. That said, the Broncos’ defense shouldn’t have to hold teams to under 10 points with Manning under center and Peyton could make stars out of receivers Demaryius Thomas and Eric Decker, assuming the two can stay healthy. And let’s put it this way, the Broncos’ Super Bowl odds went from 25/1 to 7/1 following the signing of Manning. There’s no doubt that this addition has put the Broncos over the top.

Is Peyton healthy?
Manning told reporters at his press conference on Tuesday that if the Broncos had a game on Sunday, he would be able to play. He said he might not play at the level he expects of himself, but he would be on the field. He also said that he hopes to be on the field for OTAs in April and that he insists he’s been open with teams about his medical history. At this point, Manning deserves to be taken at his word. If he’s still hurt, I highly doubt he would have convinced John Elway to give him $96 million over the next five years. Peyton has too much respect for Elway and the game of football then to deceive anyone. That said, I have no doubt that he’s healthy now but what happens after he takes that first hit? I’m less concerned about his current health and more concerned about whether or not he can hold up over the entire course of the season. After all, he had major nerve damage in his neck.

Are the Broncos making the right decision to move on from Tebow?
The Broncos are taking three separate risks with this signing. The first risk is assuming Manning will be the same player he was before he underwent multiple injuries. The second rest is giving him a $96 million contract and the third risk is that they’re reportedly willing to put Tim Tebow on the trade market. I view the first two risks as major, while the third is more of a small gamble that Tebow wasn’t going to get them much further than he did last season. After all, he may have beaten a banged up Pittsburgh team in the Wild Card round but he was completely exposed by the Patriots the following week. That said, he did win plenty of games last year for the Broncos and whether it was luck or the hand of God, Tebow was a big part of the team’s success in 2012. If Manning only plays two games next year before getting hurt again, some in Denver will wonder why the team was so quickly to part with Tebow just months after he led them to a playoff victory.

What will happen to Tebow?
As of Tuesday night the Jaguars, Jets, and Packers reportedly have interest in Tebow. According to NFL Network’s Mike Lombardi, the Jaguars have “serious interest” in trading for Tebow while the New York Daily News says that the Jets have “legitimate interest” in the former Gator. In rather surprising news, former Rams’ VP of Player Personnel Tony Softli told ESPN 101 in St. Louis that the Packers have at least some interest in Tebow as well. While he may not be viewed as a future starter, the Broncos should have plenty of trade suitors for Tebow if/when they want to put him on the market. The Jaguars make the most sense to land Tebow but there always seems to be a surprise team to come out of the woodwork.

What team got hurt the most in Manning’s decision?
The Miami Dolphins took one off the chin this week. After failing to lure Manning to Miami, the Dolphins reportedly low-balled Matt Flynn (who decided to sign with Seattle), and couldn’t convince an angry Alex Smith to leave San Francisco. (Smith re-signed with the 49ers on Tuesday.) So now the Dolphins are left with Plan D, which is former Jaguar David Garrard, whom they signed on Monday. As of right now Garrard will compete with Matt Moore for the starting job in 2008, which is about as exciting as a box full of yarn. Granted, the Dolphins do own the No. 8 overall pick but if the Browns take Texas A&M quarterback Ryan Tannenhill at No. 4, Miami probably won’t have an opportunity to draft their future signal caller in April. No wonder fans were reportedly ready to protest the firing of GM Jeff Ireland – the Dolphins are a mess.